BAGAKOAA; 13 January 2012 Poke Salad Anna

Post 581 CLICK HERE To See Past PostsJanuary/2012
Late is as late does.

 

Last night after I sent out the blog, I was hungry as a hound dog. It was late, 11:30ish so a light snack of left over pizza was out of the question. As I watched a recently taped old TV show, "Paladin Paladin reads the card of a man",

I started thinking that it was not that far from breakfast, so I had a bowl of Cheerios.

 

Anyway by the time I finished more of the Steve Job's book it well past midnight. Jack did not have practice this morning, but he had Sports Mass (yeah, I know the first time I heard that I was thinking that you sprint up for communion, tackle a couple of altar boys, back flips for your confession penenace and the rest.) at 7:00 am, so we still had to get there early. I set my alarm for 5:21 and somehow hit the off button and not the snooze button.

 

We scrambled to get his their by 6:45 and made it with 11 second to spare. I figured that would set the mode for the day, but when I got home the house was quiet (Except for our neighbor's dog who suffers from separation anxiety.) and I was able to get to work on the market. (More on that later.)

 

My lovely wife who I am grateful for every waking moment of the day, got to sleep in until almost 9:00. I was able to clean up some e-mail, clean up some dishes in the kitchen, clean up some gonkers in the back yard, and clean up a few portfolios in the Schwab accounts. Life was good.

 

I then got ready to head of to my new acupuncturist, Dr. Anna Chang. This lady came highly recommended by Jessica at Hannah's. I am a believer in acupuncture and I know many of you know the story of Dr. Fu and I from a couple of years ago. Well Dr. Chang is about 30 years younger and has too nice a bedside manner to be anything like Dr. Fu.

 

If you have never been to an acupuncturist (Sorry I started this story because that is a beoocch of a word to spell. Even spell checker can't figure what I am trying to spell.) you should go even if there is nothing wrong. I went today because I have a pinched nerve in C3,4,and 5. It is annoying and occasionally when I check traffic, my head locks in place and I am forced to drive with my head looking out the passenger door. (Professional drivers on a closed track do not try this at home.)

 

Because she is an MD., DO and Acu... you know the rest, she must take full medical information. So I put down all of my ailments, fat, hypertension, diabetes, etc etc. She asked why I was their and I told her about my neck and she said, I fix your blood pressure. Now ironically, that is what Dr. Fu said during my first visit. Dr. Fu looked at me and said, "You fat." I wasn't sure what she said and she said, "You fat. You have fatty river." (God strike me dead if this is not a true story) 1 2 3 4, I'm OK. I said, "Fatty River?" and she said. "No no. Fatty RIVER". It was then I realized she was saying fatty liver.

 

Anyway Dr. Chang is going to fix everything in 6 months. Now I am a believer and I must say Jessica is looking fine, no offense Jessica or Sean, so I am hoping that maybe Dr. Chang can work some miracles on me. I am willing to try anything to get in better shape. (Except eat right and exercise-Thank you Steve Martin.)

So I said have at it and she proceeded to stick 14 tiny needles from the inside of my ankles up my legs to right below my chest. Then she said something and left the room.

 

Now with Dr., Fu I knew the treat meant was for about 45 minutes, but I did not ask Dr. Chang, and I forgot to use the loo, (lieu or lew never did no which is correct, I think its loo) before going into the room. So I waited and one hour later she came back in and checked my tongue. Apparently that is how you check you liver in eastern medicine. She smiled so I guess my tongue must have been thinner?

 

Then she starts telling me what she wants me to start doing. First thing, NO ALCOHOL, (B#***^%#$T). I told her I just got off the wagon and ain't getting back on the wagon. Then she said "OK, you going to be hard patient." No juices, no cold fluids, only hot fluids, only cooked vegetables, soups lots of soups, no fish, seasonal fruits only and the list went on and on. So needless to say I will be easing my way into this program.

 

At the end of visit, I actually did like her and my neck felt a scoche better. I liked her and will be going back. In an effort for a compromise, I will be heating my wine tonight.

 

We are headed to Hannah's tonight as guests of Thomas Lagatta who is celebrating a birthday. It should be a good time.

Portfolio Updates Today.

 

I did give the Salve Lucrum Family a couple of Updates today and I figured I would be lazy and just share those with you. Hope you enjoy:

 

8:26 AM

 

Boys And Girls;

 

As you know we are out of the gates about 1.2% down because of shaky trade numbers last night, some negative earning surprises, and a European Debt down grade.  Usual Crimes but new suspects.  Also keep in mind we have enjoyed quite few up days and we are headed into a Holiday weekend so fund managers like to clean things up before heading off to Martha's Vineyard or Bocca for the weekend.  Taking some profits here might not be a bad thing. 

 

All in all, our core holdings are doing well and had a nice week.  Oil is heading back down to 100 a barrel so XOM is off a bit.  Not to worry as we like the 2% yield while we wait for inevitable higher oil.  I also read an article in the Journal yesterday that there is growth in the number of Oil ETFs which should benefit the whole sector. 

 

JP Morgan hosted a biotech conference this week and CELG got nice words of praise for their product line up and enthusiastic leadership.

 

Lost of good news about Microsoft after the weak PC sales info was released.  The most important news, today I think, was the release of Kinnect for the windows environment.  If you don't know Kinnect, it is the gadget used on the XBOX (XBOX has 40% market share in the gaming sector) gaming console that allows interactivity with the games using hand and body motion.  MSFT is releasing a version for Windows 7 & 8.  Conservative estimates are another 2.5 billion in revenue.  We could easily see 31-32 for MSFT by mid year.

 

United Food UNFI had a nice evaluation my Motely Fool this week.  Their prognosis?  This stock is flying under the radar, good value and a good growth story.  Heck we know that, that is why you own it.

 

NUAN is humming right along.  The company got a nice upgrade this week from analyst Longbow.  Lots of great sound bites out of the CES show.  Their recent acquisition Vlingo announced voice commands coming for television.  This is really cool.  You can walk in your room and say "Hello TV" and your TV will come on.  Then say, "Go to Bloomberg" and it goes to Bloomberg.  Once you catch the market, you say, "What's the weather?" and it gives you a list of all the weather related channels on at that moment.  Then you say, "Go to the weather channel."  After you catch the weather, you say, "Are there any Clint Eastwood movies on today?"  It will bring up the list of Eastwood movies on at the moment or later in the day.  They you say, "Record Pale Rider" and it will execute your DVR to record the movie."  Tell me that ain't going to be a hit.

 

McGrath Rental declared a 32 cent dividend for holders of stock on the 31st of January.  That's a 3% yield.  We will happily take it.

 

Only a couple of you had the cash to get into US Bancorp, but Cramer was pimping it last night and our call option is up 34%. 

 

Some of you have ASXSF showing a 15% loss.  I am leaving that in all of your accounts to remind me why I should not buy penny stocks.  Don't worry, my 15% loss is more than all of yours combined.  

 

If any of you have any specific questions about any holding, let me know.  I will try and be at the closing today and i am watching the volume on this drop closely.  As I have been saying in almost every Salve Lucrum post, recent gains have been weak, so let's hope this contraction is weak as well.

 

Brian 

 

3:14 PM

 

Boys And Girls;

 

I lied.  I was not able to be at the close of the market but was monitoring very closely on my iPhone 4S from my new Acupuncturist's office.  There I was with 14 needles stock in me and I had my iPhone browser on the Schwab website.  The things I do for you folk.

 

Consumer confidence helped take some of the sting out of the European debt downgrades today.  Volume was what I was watching, was heavier than it has been but by no means a blowout.  That is a good thing and quite honest a little surprising.  That tells me a lot of bad news about Europe is priced into the market and that is a good thing.  The market is closed on Monday, so the opening on Tuesday will say a lot about the direction of the market for the balance of the month.  I would not be getting in any new positions now matter how attractive they are till we see how Tuesday and Wednesday play out.

 

That is kind of sad as PNRA, Panera Bread, had a great day a broke out of a base with a real nice buy point of 145.56.  Ok MaryKate, I know you are going to go look for it.  Hint Dec 5, 10 cents above its high.  You can see the nice cup and handle that bottoms on the 14th of December at $130.37.  Then you got a real nice positive volume upday on the 16th, so you wait for it and wait for it and BAMM! today $145.56.  It still might not be a bad play despite the volatility next week just make sure you put a stop in at $134.84.  I will take a closer look this weekend because I like the brand and if your account has the cash, we'll see.

 

Have a great weekend and take a minute to write down 5 things you are grateful for.  Try it.  It makes you feel good.

 

Brian

Salve Lucrum

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Brian Ireland
BAGAKOAA;

I am not a professional investment advisor. Anybody reading my blog and investing accordingly must be out of their minds. I have made more money than I have lost. There are many more qualified people than I to actually tell you how to invest your money.

BAGAKOAA=Boys And Girls And Kids Of All Ages

Salve Lucrum=Latin for Hurrah for Profit.

2012 Year Ending

Dow 13,073

S&P 500 1,358

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